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Helios Towers’ Public Listed Bond, Co-anchored by BII, Mobilises Private Capital of Over $700 Million to Support Africa’s Digital Transformation
BII is providing $30m anchor commitment, alongside other anchor investors including IFC, DEG and the Emerging Africa Infrastructure Fund.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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BioNTech Secures $145 Million to Boost mRNA Vaccine Capabilities in Africa
The German biotech will use the funding to enhance the mRNA vaccine research and development capacity of its facility in Kigali, Rwanda.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Paystack-Led Consortium Acquires Brass, Replaces CEO
The acquisition ends months of uncertainty over the future of Brass after delays in processing customer withdrawals began in October 2023.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, startups
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Sefa Finances $8 Million for Productive Use of Off-Grid Solar in Ethiopia
The funding will support a pilot project “to test the commercial viability and effectiveness of a business model integrating mini-grids with agro-industrial operations at nine sites in Ethiopia”, says the AfDB.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Alpla, Re-Purpose Invest to Recycle Plastic in South Africa
European packaging producer says a planned site in Ballito, South Africa, will be able to handle 35,000 metric tons annually of discarded plastic.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- partnerships, recycling, waste
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Safaricom Ethiopia to Use Locally Manufactured Telecom Towers
Safaricom Ethiopia hopes the new towers will help it expand its network and customer base which now stands at 4.4 million.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Number of Digital Lenders Approved in Nigeria Reaches 284
The multiplicity of the apps being used by digital lenders is cited as one of the reasons the Commission is finding it difficult to curtail the incidences of harassment and defaming of borrowers by digital lenders.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Mastercard Accelerates Commitment to Digital Transformation in Africa
The new alliance aims to enable digital access for 100 million individuals and businesses in Africa over next decade.
- Categories
- Technology
- Region
- Sub-Saharan Africa
